Entrepreneur Elevator Pitch Season 2 Ep. 2: The Power Is in the Percentage Watch to find out how our investors and special guest Rashad Jennings react to these pitches.

By Lydia Belanger

Opinions expressed by Entrepreneur contributors are their own.

If you had 60 seconds to sum up your business idea, progress and prospects, could you do it? That's the ultimate test for ambitious contestants on Entrepreneur Elevator Pitch, a weekly streaming show that gives entrepreneurs one minute to pitch a panel of prominent investors.

If the spiel piques the judges' curiosity, they open the Entrepreneur Elevator doors and welcome the contestant to the boardroom to discuss further. Otherwise, the entrepreneur descends back to the lobby without a deal. This week, celebrity judge and former NFL running back Rashad Jennings does the honors, each time doing a little dance and delivering the verdict to "bring 'em in" or "send 'em down."

Related: Entrepreneur Elevator Pitch Season 2 Ep. 1: Breaking the Cardinal Rule of Pitching

This week's lineup of entrepreneurs bring some established businesses and big asks to the table, with products ranging from boots to noodles. Even when the judges aren't convinced right out the gate (or, elevator), they often find ways to creatively negotiate and get involved to help the businesses find their footing.

Which will the judges fund, which will they counsel with hope of a deal down the line and which will they unanimously decline? Watch the episode above, or on Facebook or YouTube, to see for yourself. And if one of the products catches your eye and seems like the next billion-dollar idea, be sure to support it via crowdfunding.

Entrepreneur Elevator Pitch in partnership with Sports 1 Marketing streams Wednesdays on entrepreneur.com. Follow Entrepreneur Elevator Pitch on Facebook.

Lydia Belanger is a former associate editor at Entrepreneur. Follow her on Twitter: @LydiaBelanger.

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