[gmantastic]

The best advice I could give is, whenever someone you manage brings you a problem, resist taking it away and solving it for them. Instead, give them some pointers on how they might solve it, but leave ownership of the solution with them. This is hard to do consistently, particularly when it would take you less time to do the work yourself, but the long-term effect is that you grow a team of self-sufficient people, who only bring you problems when they have tried hard to solve them themselves and genuinely need your help. This in turn means your time is freed up to work on the most important things.

[elliottcarlson]

This is very important imho - the temptation to just do it yourself is for me personally a hard thing to resist, but you will definitely strengthen your team this way and gain more respect from your developers. You obviously want to be there for them for any help and advice, but allow them to be the ones to solve it in the end.