General entities are a somewhat arcane way of "including text".
Similar things can now be accomplished by use of the XInclude last-call draft[1].
But if you insist, you can declare them:
<!ENTITY mystuff "Here's some replacement text">
and then use it:
<p>After this I'll get my text: &mystuff;</p>
but it requires putting the declaration into the "internal subset of the document type declaration"--which we aren't going to dig too deep into.
[1] http://www.w3.org/TR/xinclude/