Draft:Paperclip It
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"Paperclip it" is a modern colloquial verb describing the act of transforming an item of low value into something significantly more valuable through successive trades. The term is inspired by Canadian blogger Kyle MacDonald, who famously bartered a red paperclip up to a house in 2005–2006.
Origin
The phrase originates from MacDonald's blog-based project One red paperclip, where he made 14 successive trades—starting with a red paperclip and ending with a two-story house in Kipling, Saskatchewan.[1] His story attracted international media coverage and became symbolic of creative entrepreneurship and barter economics.
Usage and Cultural Relevance
“Paperclip it” is used metaphorically to describe any strategy involving incremental value creation through resourceful trade or leverage. It’s referenced in startup culture, personal finance, and social media challenges.
In 2020, entrepreneur Demi Skipper launched a similar initiative titled the Trade Me Project, beginning with a bobby pin and ultimately trading up to a house.[2]
Notability and Verifiability
The phrase has appeared in various media outlets and continues to be cited as a metaphor for entrepreneurial hustle and creativity.[3]
See Also
One red paperclip Straw Millionaire Barter Bootstrap (business)