Newbie who is having a problem with Adwords

I know, I know you're probably saying, yeah so what's the big surprise there? A newbie having problem with Adwords. <grin>

I've been gorging myself on the information found on the forums, and I've been working several different avenues trying to see which I enjoy doing and to see which idea might start off making money first. So far to date, I've made $.01. Not off to a good start quite yet. However, I'm optimistic and excited about the possibilities. I'll probably start another thread later with details of some of my other ventures for some help and direction, but in the meantime I have a issue that I might need some input on.

I have signed up for an affiliate program and I have also purchased the resale rights to another. Over the weekend I setup new Adwords campaigns for both products and so far I have had 0 impressions on both campaigns. I'm wondering if I did something wrong?

Oh I should also say that I'm working off my $100 credit from Host Gator for signing up. I'd like to make the most of that credit instead of setting up really broad keyword campaigns and narrowing it down from there. So I did a lot of research on keywords prior to setting up the campaigns.

The first campaign is for my website The AIRiUS Media Lead Generation Machine. I realize now that I've studied further that I should have used a domain name that matches the content better than the one I chose. I'll fix that at a later date or set it up again. After studying all the information I could on Adwords, I wanted to try and limit one of he ad groups to be focusing on specific keywords. So I setup 2 keywords as exact matches and 2 others for broad matches. Also I should state that another reason for limiting the keywords, is because the keywords that relate to this ad/site, are really expensive. ($5.25-$6.50 on the exact keywords)

The second one is for a affiliate program that I ended up getting the exact name of the product in the domain name, but it is a .net domain. On this one I decided to try a banner image campaign because I heard it was cheaper at times. So I uploaded to banner images, which were provided by the affiliate program. Those are currently being reviewed. So no big deal there.

I also created text ads for that site, doing research again and came up with 10 keywords that ranked where I thought it would be successful.

If you were in this boat, what would you do to improve your results? Or improve your success? I want/need to drive traffic to these two sites to recoup my investment and I want to get seed money to keep the ball going.

I appreciate any and all comments. I'm sure there are many ways that I can improve my processes and results. I'm willing to do the work, but I feel like I'm barking up the wrong tree.

Thanks in advance! You guys/gals are awesome!