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

Paramedics union raises alarm over spike in out-of-service ambulances

Staffing shortages affecting service levels in Kootenays

RED resort announces new ski lift

Topping lift will add new ski area to resort, reduce bottleneck on Motherload chair

Update: Bodies recovered from Pend d’Oreille River crash

To help support the family, a fundraiser has been set up at Kootenay Savings in Fruitvale

Split council vote changes Castlegar infrastructure levy from five to seven years

Major industry will be seeing a tax increase over the next seven years as well.

South Okanagan-Kootenay MP calls federal budget ‘not bold enough’

Richard Cannings, MP for South OK and Kootenay communities says budget missed the mark

After mosque attacks, New Zealand bans ‘military-style’ guns

The gunman killed 50 in a Christchurch mosque

Okanagan man, Yorkshire terrier chased by coyote

Animal sightings have been reported around West Kelowna and the Central Okanagan

Having phone within sight while driving does not violate law: B.C. judge

The mere presence of a cell phone within sight of a driver is not enough for a conviction, judge says

B.C. lottery winner being sued by Surrey co-workers

They claim he owes them $200,000 each, in a lawsuit filed in B.C. Supreme Court in Vancouver

Pot industry welcomes decreased edibles tax, but unhappy medical tax remains

Taxes can increase the cost of medical cannabis by as much as 25 per ceny

‘It has to send a message:’ Broncos families await sentencing for truck driver

Jaskirat Singh Sidhu pleaded guilty to 29 counts of dangerous driving and apologized in court

MPs continue voting marathon as Tories protest shutdown of Wilson-Raybould motion

Multiple MPs have resigned from Trudeau’s Liberal cabinet

Canucks hang on for 7-4 win over Senators

Horvat nets 2 for Vancouver

European, Canadian regulators to do own review of Boeing jet

Air Canada plans to remove the Boeing 737 Max from its schedule at least through July 1

Most Read