First thing is to switch your account to linux  if you have windows as the hosting choice.
You can do this easily from within your hosting control panel.
On all godaddy installs you will need to edit your .htaccess file if you plan to use SEO urls.

Find this line :
#RewriteBase /

Uncomment it look like this:
RewriteBase /
IF installing in a subdirectory please add the subdirectory name after the /

Now follow all directions in the install.txt.

Once the install is completed and upon attempting to log into your admin you get a blank page or not found error, there are
a couple of steps to try.

1. If you see a php.ini file in the main folder download it and change the line:
allow_url_fopen = off
to
allow_url_fopen = On
Upload the edit file and then try to login in again.

2. If the timeout still happens then download the correct zip file for your version below and upload the index.php
file to your admin folder.

Version 3.3 admin index can be downloaded here

Version 3.2 admin index can be downloaded here