Management is not easy as it sounds. Leading people and setting strategy needs a lot of experience. The culture of the company to take calculated risks should gel with your thought process when you are higher-up. You are also responsible for the people who report into you and need to make sure that all are 'taken care of'.

Being in Management has nothing to do with Coding; you should be a good manager of time/tasks, so that you can afford to code atleast a few hours every week, if you dig such.