UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G


                    Under the Securities Exchange Act of 1934





                           Build-A-Bear Workshop, Inc.
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                                (Name of Issuer)

                     Common Stock, par value $0.01 per share
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                         (Title of Class of Securities)

                                    120076104
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                                 (CUSIP Number)

                                 February 1, 2008
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             (Date of Event Which Requires Filing of this Statement)


Check the  appropriate box to designate the rule pursuant to which this Schedule
13G is filed:

                    [ ] Rule 13d-1(b)
                    [X] Rule 13d-1(c)
                    [ ] Rule 13d-1(d)

*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for any  subsequent  amendment  containing  information  which  would  alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).






CUSIP No.  120076104
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(1)  Names of Reporting  Persons.  I.R.S.  Identification  Nos. of Above Persons
     (entities only):

                Mr. Philip C. Timon
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(2)  Check  the  Appropriate  Box if a  Member of a Group   (See   Instructions)
        (a)                             (b)
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(3)  SEC Use Only
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(4)  Citizenship or Place of Organization:  United States
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Number of Shares Beneficially Owned
   by Each Reporting Person With     (5)  Sole Voting Power:          1,970,900*
                                          --------------------------------------
                                     (6)  Shared Voting Power:                0
                                          --------------------------------------
                                     (7)  Sole Dispositive Power:     1,970,900*
                                          --------------------------------------
                                     (8)  Shared Dispositive Power:           0
                                          --------------------------------------
--------------------------------------------------------------------------------

(9)  Aggregate Amount Beneficially Owned by Each Reporting Person:    1,970,900*
--------------------------------------------------------------------------------

(10) Check if the  Aggregate  Amount in Row (9)  Excludes  Certain  Shares  (See
     Instructions)    N/A
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(11) Percent of Class Represented by Amount in Row (9):  9.5%*
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(12) Type of Reporting Person (See Instructions):  IN
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*As of February 1, 2008 (the "Reporting Date"), Endowment Capital, L.P. and Long
Drive,  L.P., each a Delaware limited  partnership  (collectively,  the "Limited
Partnerships"),  own in the aggregate  1,970,900 shares of the Common Stock, par
value $0.01 per share (the "Shares"), of Build-A-Bear Workshop, Inc., a Delaware
corporation (the "Company").  Endowment  Capital Group,  LLC, a Delaware limited
liability company  ("Endowment LLC"), is the sole general partner of each of the
Limited  Partnerships.  Mr. Philip C. Timon (the "Reporting Person") is the sole
managing member of Endowment LLC. As a result,  the Reporting  Person  possesses
the sole  power to vote and the sole  power to  direct  the  disposition  of the
Shares held by the  Limited  Partnerships.  Pursuant  to Rule 13d-3  promulgated
under the Securities  Exchange Act of 1934, as amended,  the Reporting Person is
deemed to be the beneficial owner of 1,970,900 Shares, or approximately 9.5%, of
the  Shares  deemed  issued  and  outstanding,  as of the  Reporting  Date.  The
Reporting Person's interest in the Shares is limited to his pecuniary  interest,
if any, in the Limited Partnerships. THE SHARES REFERRED TO ON THIS SCHEDULE 13G
WERE  PREVIOUSLY  REPORTED  BY  REPORTING  PERSON ON  SCHEDULE  13D, AS AMENDED.
PURSUANT TO SECTION 240.13D-1(H), AS OF THE REPORTING DATE, THE REPORTING PERSON
IS ELIGIBLE TO REPORT THE SHARES  BENEFICIALLY  OWNED BY THE REPORTING PERSON ON
SCHEDULE  13G





Item 1(a).  Name Of Issuer:   Build-A-Bear Workshop, Inc.

Item 1(b). Address of Issuer's Principal Executive Offices:
           1954 Innerbelt Business Center Drive,  St. Louis, Missouri 63114


Item 2(a). Name of Person Filing:  Mr. Philip C. Timon

Item 2(b).  Address  of  Principal  Business  Office  or,  if  None,  Residence:
            1515 Market Street, Suite 2000, Philadelphia, Pennsylvania 19102

Item 2(c).  Citizenship:  United States

Item 2(d). Title of Class of Securities: Common Stock, par value $0.01 per share

Item 2(e).  CUSIP No.:  120076104


Item 3.     If  This  Statement  Is  Filed  Pursuant  to Section 240.13d-1(b) or
            240.13d-2(b) or (c), check whether the Person Filing is a:

            Not Applicable.


Item 4.     Ownership

           (a)  Amount Beneficially Owned (as of January 3, 2008):    1,970,900*

           (b)  Percent of Class (as of January 3, 2008)                   9.5%*

           (c)  Number of Shares as to which such person has:

               (i)   sole power to vote or to direct the vote         1,970,900*
               (ii)  shared power to vote or to direct the vote               0
               (iii) sole power to dispose or to direct the
                     disposition of                                   1,970,900*
               (iv)  shared power to dispose or to direct the
                     disposition of                                           0


Item 5.  Ownership of Five Percent or Less of a Class

         Not Applicable.


Item 6.  Ownership of More Than Five Percent on Behalf of Another Person

         Not Applicable.


Item 7.  Identification and  Classification  of the  Subsidiary  Which  Acquired
         the Security Being Reported on by the Parent Holding Company or Control
         Person

         Not Applicable.


Item 8.  Identification and Classification of Members of the Group

         Not Applicable.


Item 9.  Notice of Dissolution of Group

         Not Applicable.


*As of February 1, 2008 (the "Reporting Date"), Endowment Capital, L.P. and Long
Drive,  L.P., each a Delaware limited  partnership  (collectively,  the "Limited
Partnerships"),  own in the aggregate  1,970,900 shares of the Common Stock, par
value $0.01 per share (the "Shares"), of Build-A-Bear Workshop, Inc., a Delaware
corporation (the "Company").  Endowment  Capital Group,  LLC, a Delaware limited
liability company  ("Endowment LLC"), is the sole general partner of each of the
Limited  Partnerships.  Mr. Philip C. Timon (the "Reporting Person") is the sole
managing member of Endowment LLC. As a result,  the Reporting  Person  possesses
the sole  power to vote and the sole  power to  direct  the  disposition  of the
Shares held by the  Limited  Partnerships.  Pursuant  to Rule 13d-3  promulgated
under the Securities  Exchange Act of 1934, as amended,  the Reporting Person is
deemed to be the beneficial owner of 1,970,900 Shares, or approximately 9.5%, of
the  Shares  deemed  issued  and  outstanding,  as of the  Reporting  Date.  The
Reporting Person's interest in the Shares is limited to his pecuniary  interest,
if any, in the Limited Partnerships. THE SHARES REFERRED TO ON THIS SCHEDULE 13G
WERE  PREVIOUSLY  REPORTED  BY  REPORTING  PERSON ON  SCHEDULE  13D, AS AMENDED.
PURSUANT TO SECTION 240.13D-1(H), AS OF THE REPORTING DATE, THE REPORTING PERSON
IS ELIGIBLE TO REPORT THE SHARES  BENEFICIALLY  OWNED BY THE REPORTING PERSON ON
SCHEDULE 13G.




Item 10. Certification


          By  signing  below I certify  that,  to the  best of my  knowledge and
belief, the securities  referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing  the control of the
issuer of such  securities  and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.





                                    SIGNATURE

          After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information  set forth in this statement is true,  complete and
correct.


                                           February 7, 2008


                                           /s/ Philip C. Timon
                                           -------------------------------------
                                           Philip C. Timon,  in his  capacity as
                                           sole  managing  member  of  Endowment
                                           Capital Group,  LLC, the sole general
                                           partner of  Endowment  Capital,  L.P.
                                           and Long Drive, L.P.



      Attention: Intentional misstatements or omissions of fact constitute
                Federal criminal violations (See 18 U.S.C. 1001)