Each satellite appears at a different point in the sky relative to a person's location. So, upon learning the coordinates for a particular satellite, one only needs to refer to any regular compass to find that particular coordinate. So if a satellite appears at 208* relative to your location, you only need a compass to determine where 208* is. The satellite is in that approximate area.
Now, us techs will often use a tool that has a compass and also has an inclinometer so that we may check the direction of the satellite as well as the "height" of the satellite above the horizon. I personally use a Suunto Inclinometer. However, I could do it with a cheapie compass. In fact, I have a cheapie compass from JVI Parts that I got free at a CES show they were handing out as promo stuff.
As far as actually aiming the dish, we can use meters from all varying degrees of complexity. I prefer Birdog or SuperBuddy, but it can be done with a simple $10 cheapo. If you want to "see" the satellite, you'll need a telescope.