The key is to go back and look at the proof of the equivalency. That is pretty instructive about what to do. So let $P(n)$ be the statement you want to prove. Let $\mathcal{S}=\{n: P(n)$ is false $\}$. Assume that $P(n)$ is nonempty. So by well-ordering it has a least element, call it $n_0$. Show that $P(0)$, or $P(1)$ or some other small example is true, just depending on where you want to start, (this is the analogy of the base case).
This shows that $n_0>0$, (or whatever other number you chose). Not show that if $P(n)$ is true then so is $P(n+1)$ is true as well. Then we know that since $n_0>0$ then $n_0-1\in\mathbb{N}$ and by the definition of $n_0$ we know $P(n_0-1)$ is true. So by what you have proven $P(n_0)$ is true which is a contradiction.
Notice that for the proof you basically are just doing induction and this is the key. The principle of induction and the well-ordering principle are equivalent, in this proof we never used the principle of induction, but that doesn't change the proof, except instead of writing "by induction" at some point we write "by well-ordering" at a different point.