Are the bits new or have they been ground / sharpened ? What material are you attempting to drill ?
What am I drilling?
I have had trouble with drilling out a broken bolt on a lawn mower, bolting it to the deck
I built a 24x24 shop and I have drilled holes in the frame to put 2/4 for peg board The self tapping screws for the metal seem to drill it just about as good as a drill bit.
yesterday I had a linkage for the shifting on a Craftsman rider. The swivel ball broke off in the link and I drilled it out...it took 20 minutes with a drill press and 4 to 5 bits and sharpening them too.
I have dewalt bits, Ryobi bits, Harbor freight bits...I try them all
Using a cordless drill is not high speed, nor the drill press. the get dull and hot very quickly...seems they don't even bite into the metal at times.
First off, the bolts that hold an engine on a mower can be a real pain in the arse. Those can be made with some very strange material and the manufacturer believes he is doing us a favor. If so, why did the need drilling out. Harder isn't always better.
If your bits are good quality HSS (high speed steel) and are sharpened at the correct angle my suggestion is to get some cutting oil specifically for drilling steel (not lube oil ) cutting oil, even that stinken Ridgid thread cutting oil works. I prefer my old aerosol can of foaming spray. Just a few drops does wonders for drilling.