Ryan Field (right) pitches to the dragons on Dragons' Den.

Castlegar native gets deal on Dragons’ Den

Ryan Fields made a deal with two dragons to boost his underwear business.

An entrepreneur who grew up in Castlegar made his way to prime time when he appeared on the popular investment television show Dragons’ Den recently.

Ryan Fields now lives in Calgary where he is working on developing his designer underwear business. Fields credits part of his successful pitch to having tried out for the show in 2015. Though that attempt was unsuccessful, it gave him valuable experience and his presentation had made such an impression, that the screeners remembered him. “At that point in time I knew that I was already going to be accepted, because they remembered me from before,” said Fields.

Fields confessed to having a passion for designer underwear since he was in Grade 6. His designs are mostly b-boy, hip-hop inspired and unique. “I thought, if you are going to do something, you need to go all in, so I made the decision to take everything I had and everything I earned and dump it all in,” Fields stated.

Fields explained that he was offered a lot of support while preparing for his time in the den, which helped him feel fairly confident before hand. “It’s not as nerve wracking as you think, until you get into the den,” he said. Once he was in the den, Fields asked the dragons to invest $100,000 in RareForm Underwear in exchange for 40 per cent of his business.

The dragons were impressed with Fields’ presentation and Michael Wekerle and Manjit Minhas offered him a joint deal of $100,000 for 50 per cent of the business. “I feel really good that I got the right partners,” said Fields.

The episode was filmed on April 29, so Fields has had to keep his good news to himself for almost six months. “It was really hard to keep it quiet, with everyone bugging you and asking you what happened,” he explained.

Fields now has his sights on expanding his online presence, moving in to more stores and watching his business grow.

Just Posted

First Nations included in latest Columbia River Treaty talks

Seventh round of negotiations between Canada and U.S. wrap up in Washington D.C.

Close to 1000 people expected to hear international evangelist Angus Buchan this weekend

The Mighty Men’s Conference is taking place in Castlegar June 28-30.

PHOTOS: Canadian National Peony Show this weekend in Castlegar

A glimpse of what is happening at the Community Complex this weekend.

Students learn about making a difference

Girl’s leadership program bears fruit at Kinnaird Elementary

Three times the love: Identical triplets return home to Nelson

Katherine van der Veen gave birth to Ainsley, Olivia and Abigail last month

Air Canada reviewing how crew left sleeping passenger on parked plane

In a Facebook post, the woman said she woke up ‘all alone’ on a ‘cold dark’ aircraft

Top B.C. court upholds ruling that struck down indefinite solitary confinement

Feds had appealed ruling in case brought by B.C. Civil Liberties Association, John Howard Society

Two bear cubs saved near Revelstoke after mother hit by car

Conservation officers trapped the cubs and transported them to a wildlife sanctuary

Heroism medal for B.C. woman who tried to save wheelchair-bound man stuck on rail tracks

Julie Callaghan awarded Carnegie Medal from U.S.-based foundation for ‘extraordinary heroism’

Surrey RCMP raises Pride flag amid din of protesters

There were about 30 protesters on either side, and 20 Mounties doing crowd control

B.C. students’ camping trip goes ahead despite tents getting stolen

Nanaimo businesses, school staff and parents ensure trip goes on

Only legal pot shop between Vancouver and Kamloops now open

Private cannabis store on Skwah land in Chilliwack is first B.C. licensee to be Indigenous owned

Victoria woman in L.A. hospital after she was run over twice

Lynn Phillips has suffered from multiple broken bones and internal bleeding

‘Text neck’ causing bone spurs to grow from millennials’ skulls, researchers say

Technology use from early childhood causing abnormal bone growths in 41 per cent of young adults

Most Read