Leading a group of people is very demanding, emotionally and mentally. You have to handle your emotions and situation to fit the environment. Inevitably the problem that's occur will come back to you. Having a team that allows you to learn as well as grow is so beneficial in any business.
However, you're the one who has to make the call, and the one who has to deal with the consequences. It's no wonder that depression affects entrepreneurs more than the average population. Sooner or later, you will have to fire an employee or make some serious calls that may affect people for better or worse. This is where the stronger entrepreneurs are made.
Take yourself out of the equation.
One of the best ways to make decisions is to remove yourself from the picture altogether.Imagine that this isn't your company: Instead, pretend that it belongs to a friend, and you're advising him or her on what to do. If your friend came up to you with this story (that your business is in) how would you react and how would you help? Oftentimes, it's easier to seethe answer when we're removed from the situation, because the stakes are lower -- but the answer is just as good.
Create a firm deadline.
Procrastination. This is one of the biggest killers in today's entrepreneurs as they cloud their mind with tasks that aren't important. Well they are probably important but not urgent, or the other way round. If you give yourself a month to make a decision, you're going to take a month. If you give yourself a day, you're going to take a day. Obviously, you don't want to rush decisions with major consequences, but you'll also want to set a strict timetable so you don't procrastinate too long, wasting time and mental resources in the process.
Limit the factors you use to make your decision.
In reality, the more options you have to choose from the harder it is to make a decision, and the less satisfied you are when you are with that choice once you make it. You can compensate by reducing the amount options you have. Think strategically, only have 2 or 3 different choices from different sectors. Then you can look at variables such as quality, cost and time.
Focus on long-term thinking.
Try and think about the long-term instead. Will your current decisions affect you in a years time or 3 years? Take time to plan for these types of problems that occur as you will most definitely be able to resolve them down the line. Procrastinating isn't a good idea.
Delegating is possible in some situations, but generally not advisable. If you want to be a successful leader, you need to learn how to handle tough decisions rather than avoid them.