diff --git a/pl_examples/lite_examples/pytorch_2_lite_2_lightning.py b/pl_examples/lite_examples/pytorch_2_lite_2_lightning.py
new file mode 100644
index 0000000000000..511031697dc8a
--- /dev/null
+++ b/pl_examples/lite_examples/pytorch_2_lite_2_lightning.py
@@ -0,0 +1,246 @@
+# Copyright The PyTorch Lightning team.
+#
+# Licensed under the Apache License, Version 2.0 (the "License");
+# you may not use this file except in compliance with the License.
+# You may obtain a copy of the License at
+#
+#     http://www.apache.org/licenses/LICENSE-2.0
+#
+# Unless required by applicable law or agreed to in writing, software
+# distributed under the License is distributed on an "AS IS" BASIS,
+# WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+# See the License for the specific language governing permissions and
+# limitations under the License.
+import torch
+from torch import nn
+from torch.utils.data import DataLoader, Dataset
+
+from pytorch_lightning import seed_everything
+from pytorch_lightning.lite import LightningLite
+
+#############################################################################################
+#                        Section 1: PyTorch to Lightning Lite                               #
+#                                                                                           #
+#                               What is LightningLite ?                                     #
+#                                                                                           #
+# `LightningLite` is a python class you can override to get access to Lightning             #
+# accelerators and scale your training, but furthermore, it is intended to be the safest    #
+# route to fully transition to Lightning.                                                   #
+#                                                                                           #
+#                         Does LightningLite requires code changes ?                        #
+#                                                                                           #
+# `LightningLite` code changes are minimal and this tutorial will show you how easy it      #
+# is to convert to `lite` using a `BoringModel`.                                            #
+#                                                                                           #
+#############################################################################################
+
+#############################################################################################
+#                               Pure PyTorch Section                                        #
+#############################################################################################
+
+
+# 1 / 6: Implement a `BoringModel` with only one layer.
+class BoringModel(nn.Module):
+    def __init__(self):
+        super().__init__()
+        self.layer = torch.nn.Linear(32, 2)
+
+    def forward(self, x):
+        x = self.layer(x)
+        return torch.nn.functional.mse_loss(x, torch.ones_like(x))
+
+
+# 2 / 6: Implement a `configure_optimizers` taking a module and returning an optimizer.
+def configure_optimizers(module: nn.Module):
+    return torch.optim.SGD(module.parameters(), lr=0.001)
+
+
+# 3 / 6: Implement a simple dataset returning random data with the specified shape.
+class RandomDataset(Dataset):
+    def __init__(self, length: int, size: int):
+        self.len = length
+        self.data = torch.randn(length, size)
+
+    def __getitem__(self, index):
+        return self.data[index]
+
+    def __len__(self):
+        return self.len
+
+
+# 4 / 6: Implement the functions to create the dataloaders.
+def train_dataloader():
+    return DataLoader(RandomDataset(64, 32))
+
+
+def val_dataloader():
+    return DataLoader(RandomDataset(64, 32))
+
+
+# 5 / 6: Our main PyTorch Loop to train our `BoringModel` on our random data.
+def main(model: nn.Module, train_dataloader: DataLoader, val_dataloader: DataLoader, num_epochs: int = 10):
+    optimizer = configure_optimizers(model)
+
+    for epoch in range(num_epochs):
+        train_losses = []
+        val_losses = []
+
+        model.train()
+        for batch in train_dataloader:
+            optimizer.zero_grad()
+            loss = model(batch)
+            train_losses.append(loss)
+            loss.backward()
+            optimizer.step()
+
+        model.eval()
+        with torch.no_grad():
+            for batch in val_dataloader:
+                val_losses.append(model(batch))
+
+        train_epoch_loss = torch.stack(train_losses).mean()
+        val_epoch_loss = torch.stack(val_losses).mean()
+
+        print(f"{epoch}/{num_epochs}| Train Epoch Loss: {torch.mean(train_epoch_loss)}")
+        print(f"{epoch}/{num_epochs}| Valid Epoch Loss: {torch.mean(val_epoch_loss)}")
+
+    return model.state_dict()
+
+
+# 6 / 6: Run the pure PyTorch Loop and train / validate the model.
+seed_everything(42)
+model = BoringModel()
+pure_model_weights = main(model, train_dataloader(), val_dataloader())
+
+
+#############################################################################################
+#                                 Convert to LightningLite                                  #
+#                                                                                           #
+# By converting to `LightningLite`, you get the full power of Lightning accelerators        #
+# while conversing your original code !                                                     #
+# To get started, you would need to `from pytorch_lightning.lite import LightningLite`      #
+# and override its `run` method.                                                            #
+#############################################################################################
+
+
+class LiteTrainer(LightningLite):
+    def run(self, model: nn.Module, train_dataloader: DataLoader, val_dataloader: DataLoader, num_epochs: int = 10):
+        optimizer = configure_optimizers(model)
+
+        ###################################################################################
+        # You would need to call `self.setup` to wrap `model` and `optimizer`. If you     #
+        # have multiple models (c.f GAN), call `setup` for each one of them and their     #
+        # associated optimizers.                                                          #
+        model, optimizer = self.setup(model=model, optimizers=optimizer)
+        ###################################################################################
+
+        ###################################################################################
+        # You would need to call `self.setup_dataloaders` to prepare the dataloaders      #
+        # in case you are running in a distributed setting.                               #
+        train_dataloader = self.setup_dataloaders(train_dataloader)
+        val_dataloader = self.setup_dataloaders(val_dataloader)
+        ###################################################################################
+
+        for epoch in range(num_epochs):
+            train_losses = []
+            val_losses = []
+
+            model.train()
+            for batch in train_dataloader:
+                optimizer.zero_grad()
+                loss = model(batch)
+                train_losses.append(loss)
+                ###########################################################################
+                # By calling `self.backward` directly, `LightningLite` will automate      #
+                # precision and distributions.                                            #
+                self.backward(loss)
+                ###########################################################################
+                optimizer.step()
+
+            model.eval()
+            with torch.no_grad():
+                for batch in val_dataloader:
+                    val_losses.append(model(batch))
+
+            train_epoch_loss = torch.stack(train_losses).mean()
+            val_epoch_loss = torch.stack(val_losses).mean()
+
+            ################################################################################
+            # Optional: Utility to print only on rank 0 (when using distributed setting)   #
+            self.print(f"{epoch}/{num_epochs}| Train Epoch Loss: {train_epoch_loss}")
+            self.print(f"{epoch}/{num_epochs}| Valid Epoch Loss: {val_epoch_loss}")
+            ################################################################################
+
+
+seed_everything(42)
+lite_model = BoringModel()
+lite = LiteTrainer()
+lite.run(lite_model, train_dataloader(), val_dataloader())
+
+#############################################################################################
+#                           Assert the weights are the same                                 #
+#############################################################################################
+
+for pure_w, lite_w in zip(pure_model_weights.values(), lite_model.state_dict().values()):
+    torch.equal(pure_w, lite_w)
+
+
+#############################################################################################
+#                                 Convert to Lightning                                      #
+#                                                                                           #
+# By converting to Lightning, not-only your research code becomes inter-operable            #
+# (can easily be shared), but you get access to hundreds of extra features to make your     #
+# research faster.                                                                          #
+# Check `Facebook` blogpost on how `Lightning` enabled their research to scale at scale     #
+# On https://ai.facebook.com/blog                                                           #
+# /reengineering-facebook-ais-deep-learning-platforms-for-interoperability/                 #
+#############################################################################################
+
+from pytorch_lightning import LightningDataModule, LightningModule, Trainer  # noqa E402
+
+
+class LightningBoringModel(LightningModule):
+    def __init__(self):
+        super().__init__()
+        self.layer = torch.nn.Linear(32, 2)
+
+    def forward(self, x):
+        x = self.layer(x)
+        return torch.nn.functional.mse_loss(x, torch.ones_like(x))
+
+    # LightningModule hooks
+    def training_step(self, batch, batch_idx):
+        x = self.forward(batch)
+        self.log("train_loss", x)
+        return x
+
+    def validation_step(self, batch, batch_idx):
+        x = self.forward(batch)
+        self.log("val_loss", x)
+        return x
+
+    def configure_optimizers(self):
+        return configure_optimizers(self)
+
+
+class BoringDataModule(LightningDataModule):
+    def train_dataloader(self):
+        return train_dataloader()
+
+    def val_dataloader(self):
+        return val_dataloader()
+
+
+seed_everything(42)
+lightning_module = LightningBoringModel()
+datamodule = BoringDataModule()
+trainer = Trainer(max_epochs=10)
+trainer.fit(lightning_module, datamodule)
+
+
+#############################################################################################
+#                           Assert the weights are the same                                 #
+#############################################################################################
+
+for pure_w, lite_w in zip(pure_model_weights.values(), lightning_module.state_dict().values()):
+    torch.equal(pure_w, lite_w)
diff --git a/pl_examples/lite_examples/simple/mnist_example.py b/pl_examples/lite_examples/simple/mnist_example.py
index 1d9cb715c4137..afbf50c7f778a 100644
--- a/pl_examples/lite_examples/simple/mnist_example.py
+++ b/pl_examples/lite_examples/simple/mnist_example.py
@@ -1,3 +1,16 @@
+# Copyright The PyTorch Lightning team.
+#
+# Licensed under the Apache License, Version 2.0 (the "License");
+# you may not use this file except in compliance with the License.
+# You may obtain a copy of the License at
+#
+#     http://www.apache.org/licenses/LICENSE-2.0
+#
+# Unless required by applicable law or agreed to in writing, software
+# distributed under the License is distributed on an "AS IS" BASIS,
+# WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+# See the License for the specific language governing permissions and
+# limitations under the License.
 import argparse
 
 import torch
diff --git a/pytorch_lightning/lite/lite.py b/pytorch_lightning/lite/lite.py
index db00cebe8ce1f..b9870063e7ca8 100644
--- a/pytorch_lightning/lite/lite.py
+++ b/pytorch_lightning/lite/lite.py
@@ -135,7 +135,7 @@ def world_size(self) -> int:
         return getattr(self._strategy, "world_size", 1)
 
     @abstractmethod
-    def run(self, *args: Any, **kwargs: Any) -> None:
+    def run(self, *args: Any, **kwargs: Any) -> Any:
         """All the code inside this run method gets accelerated by Lite.
 
         Args:
@@ -308,7 +308,6 @@ def _run_impl(self, run_method: Callable, *args: Any, **kwargs: Any) -> None:
             self._strategy.spawn(run_method, *args, **kwargs)
         else:
             run_method(*args, **kwargs)
-        # TODO: any teardown needed here?
 
     def _set_plugin_specific_precision_variables(self) -> None:
         # todo: these are hacks as plugins rely on access to the precision plugin