Songfacts®:

• In a 1992 interview with Oor magazine, the songs' co-writer Alex Chilton (who is credited along with Chris Bell) revealed that, whilst he felt that Big Star's "music is still a triumph – some of the time," he said "I didn't understand how to make the right sound with my voice, so things like 'Ballad Of El Goodo' and 'Thirteen' could have been better."
• Though the song can be interpreted as a broad, abstract paean to anti-conformity and independence, the lyrics could more specifically allude to the Vietnam War. The first verse plays with the idiom "stick to your guns," which could easily be literalized with the second verse:
  
  "There's people around who tell you that they know
  The places where they send you, and it's easy to go
  They'll zip you up and dress you down, stand you in a row
  But you know you don't have to
  You can just say no"
  
  The Vietnam War was seemingly important to Chilton. In an 2010 obituary for Nashvillescene.com following Chilton's death, John "Bucky" Wilkin, lead singer and songwriter for '60s surf rock group Ronny & the Daytonas, said: "Vietnam was the war we both related to, more on the level of the Buddhist priests who set themselves on fire in protest than as the American combat soldiers – both of us somehow being able to avoid the draft."
• In our 2013 interview, Big Star drummer Jody Stephens expressed how he felt the song revealed Chilton and Bell to be a cut above the average rock n' roller: "All of a sudden I'm playing with these guys that can write songs that are as engaging to me as the people I'd grown up listening to, so I felt incredibly lucky." He also singled out the song as one of his favorites to play.
• Counting Crows covered the song for their 2012 album of covers Underwater Sunshine (or What we did on our Summer Vacation). In a 2012 interview with Paste magazine, frontman Adam Duritz said "One of the last changes we made was putting 'The Ballad of El Goodo' at the end of the record. I find it hard to follow that song on a record. I really love that song... it's speaking about survival."