Your first hurdle is to get the game to install. If this is a problem, copy all the files from the CD onto your hard drive, change the compatibility and permission of install.exe to Win98SE and 'Run as Administrator'. Install the game. All good?
The next thing you'll need to do is to set the compatibility mode of mm7.exe and to Win98SE.
Next you'll probably need to get the final version of SMACKER.DLL, part of the Rad Game Tools. Grab the package from the link below.
Don't patch the game yet. Launch the game and tell us what happens. Thanks.