I think that if you try for Master of the Ways right off the bat, you will run into problems getting enough Ironpaw Tokens to complete everything at once. There's a rush of tokens that you get at the start for completing the initial Way quests, but it soon drops off to a daily quest reward and whatever you can pile together as extra groceries. It's clearly meant to be completed at a gradual pace, in line with the pandaren's greeting, "Slow down!"
But regardless of the pace at which you wish to gain Ironpaw Tokens, here's the list of how you can get them.
Filed under: Mists of Pandaria