The Floaters were an R&B group formed by members of The Detroit Emeralds. "Float On" was their only hit.
Group member James Mitchell got the idea for this when it came to him in a dream. He jumped out of bed and hummed the tune into a tape recorder so he would remember it.
The idea for the lyrics was to spotlight each member of the band, who introduced themselves with their name and astrological sign. The verses read like personal ads, as each member makes his pitch to the ladies. For instance:
Cancer and my name is Larry And I like a woman that loves everything and everybody Because I love everybody and everything
Astrology was often part of the courtship ritual in 1970s America.