A convertible cart and elevated stand apparatus comprising a cart member and stand member which are adapted to be removably coupled to each other to form an elevated stand. A cart member may include a first frame section comprising a first pair of cart longitudinal support bars adapted to be removably coupled to a stand member, and a second frame section pivotally coupled to the first frame section. A stand member may include a seat configured to support the weight of an individual which may be coupled to a pair of stand longitudinal support bars configured to be removably coupled with the first pair of cart longitudinal support bars of the first frame section. The cart longitudinal support bars and stand longitudinal support bars may each support a plurality of transverse rails configured to be used rungs for a ladder.