You have the wrong converter.
I'm not up on what's available in the converter market, but I can tell you what you need to look for when considering purchasing one.
The one you currently have outputs a "component" video signal, which your television can't handle. This is the video signal broken down into three different signals which results in a very high quality picture, but only if your TV can accept them.
You need to find one that outputs either a composite video (yellow plug/jack) or an S-Video (mini DIN) output. Or, you can look for another converter that converts that component video into one of the other two.
As an aside, those "yellow/red/white" plugs on the TV are for composite video and the right/left audio. That S-Video (mini DIN) is for a video signal only. You'll still need to run an audio feed, but that should not be a problem. Simply take it from the earphone jack. Of the two, the S-Video should provide a better picture.
Happy hunting...