What does mean "to be successful"?
to get succeed, to reach the aim
Who are the contestants?
The contestants are usually young entrepreneurs, product designers, or people with a new idea for a service.
Explain the meaning of "take a share in the profits."
To take a part of profit
What is "profitable"?
making or likely to make a profit, successful
What does it mean: " to reject an idea"?
to refuse to accept
Who is "entrepreneur"?
someone who starts own business