Striking the right balance is tough. As I'm mostly around in and around startups, I can tell though that the ability to manage is just as important if not more important than technical skills. At meetups, I see hordes of ex-CTO's now being much happier in still highly paid specialist roles. Management isn't for everyone, and it's also not much for me. When we were growing, I had to do it, but with more talented folks coming on board I noticed that I'm 4 times as productive with a product manager by my side who's really good in empathy, motivation, keeping track and following up. Those skills are often distributed in counter-balance to high IQ and creativity and I've come to value them a lot.
