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"I'm Ready" is a blues standard written by Willie Dixon and first recorded by Muddy Waters in 1954. It was a hit, spending nine weeks on the Billboard R&B chart where it reached #4. The song incorporates a stop-time sixteen-bar structure analogous to Dixon's earlier song written for Muddy Waters, "Hoochie Coochie Man". Backing Waters (vocal and guitar) are: Little Walter (chromatic harmonica), Jimmy Rogers (guitar), Otis Spann (piano), Willie Dixon (bass), and Fred Below (drums).
Muddy Waters later recorded the song for his 1978 album I'm Ready, which was produced by Johnny Winter. The album earned Waters a Grammy Award in 1978.