Been a long time since I did this without my script but...
Open your Command Prompt (found in Start Menu\Accessories or type cmd [Enter] in the Start Search or Run box). Now lets use the change directory "CD" command to navigate to the converting folder. This is not case sensitive. Note that you can also use paste [Ctrl + V] at the command prompt.
CD C:\Developer\ConvertXSI [Enter]

navigate to the folder your files are in. Or is the .xsi file and convertxsi.exe in your C: dir?
C:\WIndows\System32>c:\convertxsi tradeship_PSI.xsi tradeship_PSI.mesh
you can use without CD but need addresses on command
C:\WIndows\System32>C:\WherIsConvertXSI\convertxsi c:\MyModels\tradeship_PSI.xsi c:\MyModels\tradeship_PSI.mesh
or move done mesh to diff folder
C:\WIndows\System32>C:\WherIsConvertXSI\convertxsi c:\MyModels\tradeship_PSI.xsi c:\MyGames\SoaSeMods\NEWtradeship_PSI.mesh
Any addresses wit spaces need quotes around "c:\progam files\my model.xsi"
http://soase.x90x.net/?i=xsi/Convert_XSI.html