how do i get the MySQL application to even connect to my own computer?

I am running IIS 5.1 on windows XP Professional build 2600

the response to the command "mysqladmin create databasename"
cant connect to local host on port 3306 try typing:
telnet localhost 3306

then i do that and my computer refuses it
there are two ports that it tries to go through :
3306 to connect
10061 for querries

when i type in tlntadmn config port=3306 i get
please enter an number greater than zero and less than 1024 how do i get it to let me connect on port 3306???