Excerpt of certain page to display on home page

You’ll need to create a new loop – outside of your main loop – using get_posts() and passing the page ID for the ‘About’ page and setting post_type to page Then, inside your new loop simply call get_the_excerpt()

Update:
From my links:

$args = array( 'post_type' => 'page' );

$myposts = get_posts( $args );
foreach ( $myposts as $post ) : setup_postdata( $post ); ?>
    <li>
        <?php echo get_the_excerpt(); ?>
    </li>
<?php endforeach; 
wp_reset_postdata();?>

</ul>

Should do the trick. I just made minor edits to the examples in the provided links. It’s explained better there than I can but it’s best to understand the ‘how’ and ‘why’ of this; there are important, basic WP concepts in use.