Project Manager in United States
Alphonso Barnum has been an entrepreneur for a long time, over 20 years. He is knowledgeable in the matters of entrepreneurship and general business management.
Studies of entrepreneurship show a high positive correlation between somebody's propensity to entrepreneurship engagement and personal wealth. For example, in the US entrepreneurs are less than 9% of the households but hold almost 40% of net worth. The explanation for the phenomenon is that credit constraints present a critical hindrance to entry for the individuals with less wealth.
Questions arise challenging the level to which the constraints are entrepreneur obstacles especially in advanced and dynamic economies where firms or persons have sufficient capital access. However, despite the effect of easing the constraints to credit on entrepreneurship, the degrees are small. Overall, the outcome paints a sad picture of the extent constraints financing is important in settings with advanced credit markets and the alleviation role played by home equity.
Apart from entrepreneurship, Alphonso is an ordained minister and was once President of the ushers. He is a true worshiper of God. Alphonso began his ministries called End Times Praise in 2000. In the year 2002, he attended the International Fellowship family Worship Center where he obtained his authority as God minister after completing his studies. Mr. Barnum continues to minister in his community helping them have the knowledge of God. Mr. Alphonso Barnum received Christ in 1998. He later joined ushering ministries due to his desire for more involvement in the church and to give back to the community.