This can indeed be proven with induction, but there's a few steps (we have to use induction a few times). Besides my proof is only for $x>1$ so we'll conclude that the inequality holds for $x=1$ right away (since $\log(1)=0$ and $0<1$).
Lemma 1: For $a\ge2$ we have $2a\ge2+a$
Proof: $2a = a+a$ and since $2\ge2$ we have $a+a\ge a+2$. We could have used induction here if we wanted to complicate it.
Lemma 2: For $a,b\ge 2$ we have $ab\ge a+b$
Proof: From lemma 1 we know this to be true for $b=2$, and now suppose it's true for some $b\ge2$ then we have $a(b+1) = ab + a \ge a+b+a \ge a+(b+1)$. By induction it follows that $ab \ge a+b$ for all $b\ge 2$.
Lemma 3: If $n\ge1$ then $\log(2^n) < 2^{n-1}$
Proof: For $n=1$ this is true because $\log2 < 1 = 2^{1-0}$. Now suppose it's true for some $n$ then $\log 2^{n+1} = \log 2^n + \log 2$. By lemma 2 this means $\log 2^{n+1}\le \log 2^n \log 2 < 2^{n-1}\log 2$, and since $\log 2<1<2$ we have $\log 2^{n+1} < 2^{n-1}2 = 2^{(n+1)-1}$. By induction the claim follows.
Lemma 4: If $a\ge1$ there's an $n$ such that $2^{n-1} \le a < 2^n$.
Proof: For $a=1$ this is obvious since $n=1$ is such an $n$ since $2^{1-1}=1 \le a < 2^1 = 2$. Now suppose it's true for some $a$ (and the solution $n$), and assume it weren't true for $a+1$. Obviously we have that $2^{n-1}\le a <2^n$ isn't true. But we know that if $2^{n-1}\le a$ we certainly have that $2^{n-1}<a+1$ so it's the second inequality that must fail. So we have $(a+1) \ge 2^n$, but since at the same time we have $a < 2^n$ we can conclude that $a+1 = 2^n$ - now it follows that $2^n \le (a+1) < 2^{n+1}$ which contradicts the assumtion and by RAA we conclude that it's true for $(a+1)$ as well
Proposition: If $x>1$ then $\log(x) < x$.
Proof: Since $x>1$ we have by Lemma 4 an $n$ such that $2^{n-1}\le x<2^n$. Now $\log x < \log 2^n$ and by lemma 3 it follows that $\log x < \log 2^n < 2^{n-1} \le x$.
If you want to prove the statement for arbitrary real numbers however you can still do this with induction perhaps. What I'd try is to show that the inequality is true with marigin - that is to prove that $\log n<n-1$ for $n\ge 1$ you can use this to estimate $\log x\le\log \lceil x\rceil<\lceil x\rceil-1 \le x$ (where $\lceil x\rceil$ is the smallest integer no less than $x$).