You have to expand out $L=I\,\omega$ and notice how both terms vary with time. In many books they expand upon this to come to the equation of $\rm{d}L/\rm{d}t = I\,\dot{\omega} + \omega\times I\,\omega$
So there is a solution with $\omega>0$ and $\dot\omega=0$ for a constant $N$.
PS. Is this related to a homework problem?
EDIT:
Do a Free Body Diagram to balance gravity with the reaction force to notice there is a net moment of the center of gravity $N>0$. So the above has a stead state solution of $N=\omega\times I\,\omega$ (with $\dot\omega=0$, $L=I\,\omega$). If the angular momentum $L$ is not aligned with the rotation axis $\omega$ then there exists a non-zero vector $\omega>0$ to satisfy the above equation.
Example:
if $\vec\omega = [\cos\varphi\,\dot\theta,\sin\varphi\,\dot\theta,\Omega]$ where $\Omega$ is the precession speed, $\varphi$ the orientation/precession angle and $\dot\theta$ the spin rate, then the angular momentum in an axis alinged with the object but not spining is $L_\rm{body}=[I_{xx}\,\dot\theta,0,\Omega\,(I_{zz}+m\,L^2)]$. Then
$$ N = [\dot\theta,0,\Omega] \times [I_{xx}\,\dot\theta,0,\Omega\,(I_{zz}+m\,L^2)] = [0,\Omega\dot\theta (I_{xx}-I_{zz}-m\,L^2),0]$$
all expressed in this intermediate coordinate frame. So a torque component about the $y$-axis supports the gyroscope precession.