After complaining about having to work so hard on his job, Fred is magically made the boss for a day by Gazoo, and Fred quickly discovers being the boss is not all it's cracked up to be.

Fred's told by his boss, Mr. Slate that he is going to spend the day on Slate's yacht. Fred then finds out he has to paint the yacht. While on board the yacht drifts out to sea without Fred noticing and grounds on a strange island.

Wilma's childhood friend comes to town making Fred very jealous.