Eto! Baš hoću! was the band's first album which was not recorded by the band's default lineup. It did not feature the bass guitarist Zoran Redžić, the drummer Ipe Ivandić and the keyboardist Vlado Pravdić, as all three were serving their mandatory army stints at the time. It was the band's first album to feature keyboardist Laza Ristovski, and the band's only album to feature Milić Vukašinović on drums.

In 1998, the album was polled as the 31st on the list of 100 greatest Yugoslav rock and pop albums in the book YU 100: najbolji albumi jugoslovenske rok i pop muzike (YU 100: The Best Albums of Yugoslav Pop and Rock Music). In 2015, the album was pronounced the 36th on the list of 100 greatest Yugoslav albums published by Croatian edition of Rolling Stone.

During 1976, Bijelo Dugme bass guitarist Zoran Redžić, drummer Ipe Ivandić and keyboardist Vlado Pravdić all had to leave the band to serve their mandatory Yugoslav People's Army stint. Redžić was replaced by Formula 4 leader Ljubiša Racić, Ivandić by the band's leader Goran Bregović's former bandmate from Kodeksi Milić Vukašinović, and Pravdić by Laza Ristovski, whose moving from Smak (Bijelo Dugme's main competitors at the time) saw large covering in the media.

The band worked on and prepared for the recording of the album in the village Borike in Eastern Bosnia, in which they previously worked on their previous studio album, Šta bi dao da si na mom mjestu. The album's working title was Sve se dijeli na dvoje, na tvoje i moje (Everything Is Split in Two, Yours and Mine), after a poem by poet and lyricist Duško Trifunović. Bregović did not manage to write the music on the poem lyrics (the lyrics were later used in a song recorded by Jadranka Stojaković), so he intended to name the album Hoću bar jednom da budem blesav (For Once I Want to Be Crazy), but Jugoton editors did not like the title. The album was eventually titled Eto! Baš hoću! (There! I Will!). The album featured eight tracks: hard rock-oriented title track, "Izgledala je malo čudno u kaputu žutom krojenom bez veze" and "Dede bona, sjeti se, de tako ti svega", blues rock-oriented "Ne dese se takve stvari pravome muškarcu", folk-oriented "Slatko li je ljubit' tajno", simple tune "Ništa mudro" (featuring lyrics written by Duško Trifunović) and two ballads, symphonic-oriented "Sanjao sam noćas da te nemam" and simpler "Loše vino" (written by Bregović and singer-songwriter Arsen Dedić and originally recorded by singer Zdravko Čolić).

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