This may help. It's basically the same, but also includes how to create a virtual machine with Windows Virtual PC as well. See the related tutorial links at the bottom to see if they may be able to help further.
However, you can install and run XP Mode also on systems with no support for hardware virtualization. Go to Virtual PC download page, download and install all three files (Virtual PC, XP Mode and XP Mode update).
Quote: Originally Posted by Microsoft
XP Mode update enables Windows XP Mode for PCs without Hardware Assisted Virtualization Technology. For more information, visit the Frequently Asked Questions page
Computer type Laptop System Manufacturer/Model Number HP ENVY 17-1150eg OS Windows 8.1 Pro Preview with Media Center CPU 1.6 GHz Intel Core i7-720QM Processor Memory 6 GB Graphics Card ATI Mobility Radeon HD 5850 Graphics Sound Card Beats sound system with integrated subwoofer Monitor(s) Displays 17" laptop display, 22" LCD and 32" Full HD TV through HDMI Screen Resolution 1600*900, 1680*1050 and 1920*1080
Keyboard Logitech diNovo Media Desktop Laser (bluetooth) Mouse Logitech Performance Mouse MX Cooling As Envy runs a bit warm, I have it on a Cooler Master pad Hard Drives Internal: 2 x 500 GB SATA Hard Disk Drive 7200 rpm
External: 2TB for backups, 3TB USB3 network drive for media Internet Speed 50/10 Mbps VDSL Antivirus Windows Defender 4.3.9431.0 Browser Maxthon 3.5.2., IE11
How install Windows virtual PC on a Windows 7 platform