As a manager, how do you motivate your employees?

Some people refuse to be a manager. They are scared that managing others places a huge responsibility on their shoulders and distracts them from work that they need to get done.
As a recent manager, I can see where that fear comes from. At the same time if done properly, it is rewarding as well. Working as a team, you can accomplish a lot more than what you can get done as an individual.