Socket error on Connect: A connection attempt failed because the connected party did not properly respond after a period of time, or established connection failed because connected host has failed to respond: 10060
I think that it means that it can't find the server.
Each firewall is different to configure. With mine I had to Alt-tab out and click on a dialog box which had popped up to allow it. You shud be able to find a list of all of the allowwed/disallowed apps in one of the firewall settings.
Now, on the client in the first tab input the IP address and make sure that the boxes are unchecked on the second tab.