Expanding the product as
\begin{eqnarray*}
(2+\sqrt{-1})^3&=&2^3+3\times2^2\sqrt{-1}+3\times2\sqrt{-1}^2+\sqrt{-1}^3\\
&=&(2^3-6)+(3\times2^2-1)\sqrt{-1}\\
&=&2+11\sqrt{-1}\\
&=&2+\sqrt{-121},
\end{eqnarray*}
is so elementary that I cannot think of any easier way to show it.
But suppose you want to determine the factorization of $2+\sqrt{-121}$, i.e. roughly speaking an expression
$$2+\sqrt{-121}=(a_1+b_1\sqrt{-1})(a_2+b_2\sqrt{-1})\cdots(a_n+b_n\sqrt{-1}),$$
where the $a_i$ and $b_i$ are integers. This is the subject of algebraic number theory. I will use a few results without mention, as I don't know your background in the subject. You could note that the norm equals
$$N(2+\sqrt{-121})=N(2+11\sqrt{-1})=2^2+11^2=125=5^3,$$
and that $5$ does not divide $2+\sqrt{-121}$. This implies that
$$2+11\sqrt{-1}=(a+b\sqrt{-1})^3,$$
where the norm of $a+b\sqrt{-1}$ equals $5$. This means that
$$5=N(a+b\sqrt{-1})=a^2+b^2,$$
which has the solutions
$$1+2\sqrt{-1},\qquad 1-2\sqrt{-1},\qquad 2+\sqrt{-1},\qquad 2-\sqrt{-1}.$$
It is then a quick check to show that only $2+\sqrt{-1}$ works.