So, you've done your time and finally made your way to the C-suite. Congrats, this is a huge accomplishment. There is so much to be done and your future is looking promising. This is an exciting time in your career!

As with trying anything new, you are bound to take a couple wrong turns. We're here to warn you of some of the most common flops for first time managers. Whether you've already made these errors or you make them in the future, don't freak out – everyone makes mistakes. Remember, it's how you fix them that counts.

1. Star-mentality: Chances are you got promoted because you were really good at your job. This may mean you are used to being the star of the show. Management is a whole different ball-game, according to Fast Company contributor Laura Vanderkam. Ditch the star mindset and learn to revel in the success of your team. This switch in thinking can be hard for new managers. Your personal power now lies in influencing others to do well. Retire your player uniform and learn to play the coach. This is vital to becoming a successful leader.

"Ditch the star mindset and learn to revel in the success of your team."

2. Attention to detail: There are few things worse than a chronic micro-manager. Now that you're head honcho, keeping up with the details of every project in the office is near impossible, explained Forbes. Learn to shift your attention to the bigger picture. What projects do you want your company to tackle? Which ones take priority? Communication of your vision is key. But after you have laid out the groundwork, try and take a backseat role when it comes to the fine print. Of course, this doesn't mean you should completely overlook the building blocks of your grand scheme. Discover a sense of balance between the big and little pictures. Trust us, it'll help you in the long run.

3. Ignoring the transition: Chances are your new management position involved some shuffling in the company. Was an old manager fired? A beloved manager promoted? Address these switches in leadership, don't just breeze over it. Let your new staff know that things are going to be run differently under your leadership. This doesn't need to be a power-hungry dismissal of all past operations, just an acknowledgement of the new move. Failing to address your new position can also be problematic when it comes to office peers, noted U.S. News. The source suggested having a discussion as soon as possible laying out the boundaries between work and friendship. This can save some awkward interactions down the road.

"Don't be afraid to hit the ground running."

4. Holding back: This mistake exists on a couple of different levels. First of all, new managers should not be paralyzed by fear. You were given this position because your bosses saw something promising in you: Take risks. This leads to our next point: Don't be afraid to hit the ground running. The best way to instill confidence in your leadership skills is to prove why you were given the job in the first place. At the same time, don't be too ambitious. Aiming for 20 goals simultaneously will probably fall flat. However, a couple of solid wins in your early months can be a major help.

Taking on a manager position for the first time can be a daunting task. With a new arsenal of personal power it is easy to steer your management role in the right direction. Try and stay level-headed and approach your decisions with these management skills in mind.