Induction is a method to prove something over a countable set. In this case, you want to prove some claim for all natural numbers $n \geq 1$. So how would you approach about proving something for all those numbers?
Imagine all the different $n$ values satisfying $n \geq 1$ are dominoes. The domino falls if the statement is true for that $n$. How could you show that all the dominos will fall? Well, consider these two statements:
- The first domino falls
- Given that some nth domino falls, the (n+1)th domino will fall
Do you see how if you could prove these two statements true, then you have proven that all the dominoes will fall? This is how induction works.
Now for your base case, you need to show that "the first domino falls." If you plug in 1 to both sides, you see that they both equal 6.
For the second step, assume that the claim you are trying to prove holds for some $n \geq 1$. Namely, assume that $\sum_{k=1}^{n} k(k+1)(k+2) = \frac{1}{4}(n)(n+1)(n+2)(n+3)$. Then, we need to use this assumption to show that $\sum_{k=1}^{n+1} k(k+1)(k+2) = \frac{1}{4}(n+1)(n+2)(n+3)(n+4)$.
A trick to simplifying these things is to use the property of summations on the left side. In particular, $\sum_{k=1}^{n+1} k(k+1)(k+2) = \sum_{k=1}^{n} k(k+1)(k+2) + (n+1)(n+2)(n+3)$. By our assumption earlier, this equals $\frac{1}{4}(n)(n+1)(n+2)(n+3) + (n+1)(n+2)(n+3) = (\frac{1}{4}n + 1)(n+1)(n+2)(n+3) = \frac{1}{4}(n+1)(n+2)(n+3)(n+4)$.
By the principle of mathematical induction, we have shown that the statement is true for all $n \geq 1$.