You are given an (in)equality.
Determine if it is true for n=1 or some easy to check number near the 'start'.
To do this, substitute n=1 into the LHS, then the RHS. If LHS=RHS, it works.
Now assume that the (in)equality is true for some number, k. Let n=k.
Now test whether or not it is true for n=k+1.
Substitute n=k+1 into the LHS, noting that you are ASSUMING the case n=k is true.
Substitute n=k+1 into the RHS. Manipulate the LHS (typically) until you get the result you're looking for: LHS=RHS.
Make a general statement. I usually write something like: By mathematical induction, since it is true for n=k, n=k+1 and n=1, it is true for all natural numbers.