Lots of good tips already....here's some that work for us too:

get a sound machine with the rain, ocean, thunder, etc sound effects for the baby's room

don't be afraid to have noise in the house when the baby is really small and sleeping....don't want to condition them to sleeping in total silence

def keep the nose sucked out....the hospital plunger is priceless, but also grab a Nose Frida (it's not as optimal for clogs as it is for a bucket of free flowing snot)

def take them places with you as early and often as possible

when they get a little older and start really talking, playing, and imagining, stop what you're doing and play with them when they ask you to...that may seem obvious, but you'll often find yourself saying "just a sec man, let me finish _________"

The time speeds by, so hold your baby, play with them, read to them, and talk to them. One of your main purposes as a parent (aside from keeping another human alive and safe) is to make memories for them to look back on with love and fondness.

Oh, also...I generally steer away from baby talk to my 1 year old or giving layman's answers to my 5 year old. We talk to them like an adult when appropriate and it has worked very well thus far.

Another one.....let them try a variety of sports, hobbies, activities, etc. Don't try to push them into things like that. Maybe steer, guide, or inquire about their interest in something, but don't go the route of, "well I played________ so you are too." They'll probably just rebel against it at some point. You may have been an All-State RB, but they might be more interested in playing guitar. Expose them to as much as you can, find out what they enjoy, and nurture it.

That's not to say you should let them quit things tho. We have a "if you start it, finish it" rule, ie, I'm sorry you want to stay home to play with toys instead of going to your game, but you wanted to play t-ball so you finish the season...if you don't want to play next year that's fine.

Again these are just some things in addition to some of the stuff from other posters that works/worked for us.....the main thing I've learned from being a parent is the catch-all fix/method/solution/whatever is rare, so find what works for you guys and go with it.

Congrats!