Good Manager

You need a lot of character to become a good manager. I can`t teach you that (other blogs claim they can ...)
I can give you simple work principles ,to-do and don`t-do list, I collected from the good/bad managers I had the privilege/horror to work with.

1. Recruiting: Small excellent groups are far more productive than big moderate groups.
   Following this rule allegedly contradicts a known principle: "The more people the manager has, the more important the manager is". Yes , known problem.
   I can only suggest setting your ego aside when recruiting new employees and thinking what is really best, long run for the business and thus for you. I hope you will choose wisely.
   
2. Flatten the hierarchy of your team.
   Find how many people can you effectively manage by yourself. The number is usually capped at 5-7. people. If you have that many people, treat all as equal (in importance not in knowledge). If you have more than that , create sub-hierarchy's by creating 2-4 groups in the team and provide one group leader for each group. Tell them to treat each one of their employees as equal [ this is a recursive principle :) ]
   
3. Do a weekly-review of one hour with the whole team. Share managerial decisions (those you can) in the weekly meetings. Don`t let rumors rise , and Send a summary of the weeky-review after it , so people who could not join won`t waist a full day asking what did they miss.
4. When dividing tasks/pay you can never be equal with everyone. thats a fact.
   So Don`t hesitate to tell your employees that they will be compensaited in the next tasks/pay division. It will usually change their mood from sad "I wanna quit" to joy "The boss owes me a great thing next time" . Remember that they will wait for you to keep your promise.
5. keep your promises to your employees.