A Life Purpose Statement isn't necessary for day-to-day existence, so most people don't bother. You can cheerfully go about your business without having faintest idea of why you're here. In fact, most people do. They go to their jobs, attend to their families, watch a little TV, hang out with their friends, an life's pretty good. If that works for you, read no further!

But if you want inner calm that comes with a purpose-driven life: if you want to get up each morning knowing why you're here, and you want to make headway each day toward that purpose, then read on. There are several simple steps, all listed below.

Step 1 - How are you motivated? Think of things that motivate you, activities you like to do most. Then, think about what actions are required to do those activities. Think in terms of action verbs like create, nurture, restore, read, identify, categorize, analyze, build, communicate, connect, etc. Narrow it down to top 3 choices.

Step 2 - Why do this? Whom do you want to impact? Next, think about people or group you would most like to see benefit from your efforts from Step 1. The poor? The rich? The homeless? Small business owners? Think of as many as come to mind (10-12, if possible), and then choose single most important one to you, one about which you feel strongest. This is your target.

Step 3 - What are results? What is outcome you wish to achieve? List why you do what you do. In Step 1, you outlined motivations and actions required. In Step 2, you determined who would benefit. Now, what is outcome you desire when you take those actions? A drug-free community? World Peace? Financial independence? Students? Small children? Higher learning? Think of things that you believe in strongly. Come up with as many as you can think of (again, 10-12) and then choose single most important outcome.

Whether you already have an online business or would like to start one, developing a business model is a must. A business model spells out how you are going to generate revenue from your business.

If you really want to succeed online, then your must determine how you are going to generate revenue and make profit. Otherwise you won't be in business very long.

According to small business administration, about 50% of small businesses fail each year, and 95% of small businesses fail within first 5 years. I'm sure you don't want to be included in those statistics.

That's why if you haven't done it already, you should choose a business model, now. Ask yourself, how will my online business generate revenue?

Here are 3 business models frequently used for online businesses.

1)The Ecommerce Model

Revenue is generated by selling goods or services over Internet. Examples of goods and services include products such as ebooks or candles and service such as consulting or virtual assistance. Selling products from affiliate programs would also be considered ecommerce. This is not an exhaustive list but it should give you an idea of what ecommerce is.

2) Content-Rich Model