It's true for all Natural numbers.
What I've got so far: Prove $P(0) \to $ base case:
Let $n = 0$
$(0)^3 < 4^0 = 0 < 1$
Then $P(0)$ is true.
Part Two:
Prove $P(n) \Rightarrow P(n + 1) $
Assume $P(n)$
$= n^3 < 4^n $
$= 4(n + 1)^3 < 4^{(n + 1)}$
im not sure if the last step is right.
Where can I go from here?
Your last step is not right. You have $n^3<4^n$. Cool. Now take $(n+1)^3$ and expand it using the binomial theorem. You get $n^3+3n^2+3n+1$. You already know that $n^3<4^n$, so $n^3+3n^2+3n+1<n^3+n^3+n^3+1<4n^3<4\cdot 4^n=4^{n+1}$