When and How Is The Time to Grow Your Company?

An interview in the Wall Street Journal with John Chambers, CEO of Cisco, caught my attention. Below are the top five points:

1. Focus on markets transition and try to catch them at the right time.
2. Enter new markets with a sustainable differentiation.
3. Listen and take direction from your customers.
4. Develop a strong leadership team.
5. Innovate, innovate, innovate.

So how do you know it’s the right time to enter or exit a market and how do you know you have the differentiation needed?