Bleeding Brakes

The spongy feeling at the lever is air in the system. Here's another trick I've used. Take a squirt bottle spritzer and rubber band the trigger back. Then attach a bleeder hose to the caliper nipple and the other end to the spritzer tube. The spritzer is a one-way valve and will allow fluid out but prevent air in. Then slowly bleed the brakes until only fluid is seen in the spritzer line. The lever should have more resistance as the air purges. Snug the bleeder and do the same for the other side. Your brakes should be a lot better afterward.
 
There is a bleeder inside the break fluid resivour you can bleed. You do it just like normal, pull the brake lever, open the bleeder then close it before releasing the lever. I think it takes an 8mm socket if I remember correctly. Journeyman has a video on it. If that fails perhaps the master cylinder is bad although unlikely but you never know.
 
No there aint
 
One more note, make sure you maintain your reservoir level between upper and lower level marks when bleeding to prevent air being sucked in.