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clearing sample

hello everyone this is my first post, i am more of an engineer than a producer/programmer, however i created an instrumental using a sample from a soul&rnb group, i want to sell this intrumental hopefully contracting taxi to have a chance of someone hearing it, my question really is should i notify the record label that i sampled from first, to let them know that i want to strike a deal with someone or should i wait till an artist/record label likes it. i am just scared theyll blow me off and use my idea, i just want to do this the right way, i dont have any money to clear the sample so ofcourse it would be the buyer clearing it. HOW DOES IT WORK maybe i have it all wrong, by the way the sample is used through out the whole song but in total seconds its only about 5 sec. chopped and looped.

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