First of all we must love them. If we are going to love as God loves (imperfect of course as sinful people) we must purpose their good. This will take spending a lot of time with our Lord in prayer seeking what is best for our children. We must gaurd against our selfish desires and realize that everything we do for them needs to be for the purpose of leading them in the direction of a knowledge and love for God. This will include discipline. Sometimes our love must be tough love. But we must never forget that discipline is for the purpose of training. Consider a few verses from the Bible. (Proverbs 22:15) Foolishness is bound in the heart of a child; but the rod of correction shall drive it far from him. (Proverbs 13:24) He that spareth his rod hateth his son: but he that loveth him chasteneth him betimes.
Secondly, we must be committed to the task of raising our children. If you are not willing to spend quality time with your children, they will struggle to mature both mentally and spiritually. If you are not spending time with your children, someone or something else will influence them for good or for bad. Some parents are totally consumed with their jobs, but your children are more important. We have to work, but we cannot afford to neglect our children. Good parenting takes commitment!!
Thirdly, we must be parents of prayer. Our real power comes from a committed prayer life. God works through prayer! We must be praying for God's strength to parent wisely and to make right decisions for our children. We must be praying for their salvation. Once they are saved we must pray for their spiritual maturity, decision making, usefulness for God, and to follow God's leading for their lives. Parents, we have a lot to pray about, please don't neglect your prayer life!
Fourthly, we must protect them. Protect them from both physical and spiritual harm. We must protect them from what they watch, read, listen to, from any influence that would lead them away from God. It is our duty to teach them how to make right decisions based on God's Word and principles.
Fithly, we must be an example for them to watch. Parents this is very humbling, but we must "practice what we preach." If we don't set the example someone else will!! Exhibit to them how to love and serve the Lord. We do a terrible injustice to our children when we tell them one thing and we do another. We must follow Paul's pattern; (Philippians 3:17) Brethren, be followers together of me, and mark them which walk so as ye have us for an ensample.