Try this config but update the name and database info to your choosing
Code:
<?xml version="1.0">
<server>
<world>
<shortname>Shortname</shortname>
<longname>JUMBO SERVER THAT WORKS OMG J/K</longname>
<http port="9080" enabled="true" mimefile="mime.types" />
</world>
<database>
<host>localhost</host>
<port>3306</port>
<username>database user</username>
<password>yourpassword</password>
<db>yourdatabase</db>
</database>
<chatserver>
<host>channels.eqemulator.net</host>
<port>7778</port>
</chatserver>
<loginserver>
<host>eqemulator.net</host>
<port>5998</port>
<account></account>
<password></password>
</loginserver>
</server>
Try that config and if it's still erroring let's check out those logs.
Also try being in cmd.exe then starting world.exe it might give you a good error to work with.