Step Six: Encounter Voldemort
This is known as a "VE" or "Voldemort Encounter". When you reach level 15, go into the forest and Seek Out Voldemort.
If you defeat him, you will advance in title, lose all your gold (but will get a gold reward from the fight), and lose your armor and your weapon. It is recommended to have a full mount buff before encountering Voldy.