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Fortune
Fortune
Preston Fore

Alibaba cofounder tells aspiring entrepreneurs that picking a team you’d spend “24/7 with” should be their first priority—not work-life balance

Joe Tsai (Credit: Chesnot/Getty Images)

As artificial intelligence reshapes traditional career paths, more people—especially Gen Z—are turning to entrepreneurship in hopes of becoming their own bosses. But according to Joe Tsai, cofounder and chairman of Chinese e-commerce giant Alibaba, anyone serious about launching a company should be prepared to sacrifice hobbies and family time.

“As a startup, you’re not gonna go home very much … This work-life balance is not gonna be something you should be focused on,” Tsai told students at Stanford University’s Graduate School of Business earlier this month.

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