Hey kiddo, have you ever heard of a trade-off before? It's when you have to give up one thing to get another thing. Let me explain competition and colonization first.
Competition means when two or more people or things are fighting for the same thing. Like if you and your friend both wanted the only cookie left in the jar, you would have to compete to see who gets it.
Colonization means when one organism (like a plant or animal) moves into a new area and takes over. It's like when you move to a new neighborhood and you make new friends and start playing with their toys.
Now, the competition-colonization trade-off is when a bunch of different organisms are all trying to live in the same place, like a garden. Some organisms are really good at competing, they can fight for resources like water and sunlight and they can grow really fast. But other organisms are really good at colonizing, which means they can quickly move into new areas and start to grow.
The trade-off is that organisms that are good at colonizing are not usually very good at competing, and organisms that are good at competing are not usually very good at colonizing. So if there are a lot of resources available, the competing organisms will do well and grow quickly. But if there aren't a lot of resources, the colonizing organisms will be able to spread out and find new places to grow.
So, just like how you have to give up playing with one toy to play with another toy, organisms have to give up being good at one thing to be good at another thing in order to survive in their environment.