Mathematical induction is a method used to prove statements about integers, starting with a base case and then showing that if a statement holds for an arbitrary case k, it also holds for k+1. The initial step involves proving that the first theorem in a sequence is true, not merely establishing that P(1) exists. To demonstrate that a sequence is increasing, one must show that if the kth term is greater than the (k-1)th term, then the (k+1)th term is greater than or equal to the kth term. It's important to clarify that proving P(1) is greater than zero may not suffice unless the context of the sequence is properly defined. Understanding these steps is crucial for successfully applying mathematical induction.