Totti, who left Roma last year after a spell working in the front office, is branching out on his own with the launch of two management companies "CT10" and "IT Scouting".
He explained: "My will is to find another 'Totti', another player of this level.
"I am going to look in Europe and in the world. I will try to make the best young talents I find grow in the best way. I have already found a young talented player and he will grow as I always wanted to grow.
"I want my players to grow and have a different path compared to others. I will achieve it. When I set a goal, I always have the determination necessary to achieve it."