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The word "争先恐后" is formed by directly combining two parallel verb-phrase constructions: "争先" (strive to be first, with 争 meaning compete and 先 meaning first) and "恐后" (fear to be behind, with 恐 meaning fear and 后 meaning behind), resulting in a literal sense of "compete to be first and fear to be last", which conveys the meaning of eagerly rushing ahead.

Word Definition - 争先恐后

zhēng xiān kǒng hòu (idiom) to compete to be first; to scramble to get ahead; to rush forward for fear of falling behind